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Search Results 0 to 29 of about 30 (some duplicates have been removed)
entitlement that they didn't pay for. and then they added a $1 trillion tax cut for the very wealthy on top of that. now, they -- those are the facts. the end result of all that was by the time we were elected they had in eight years doubled the national debt, that clock, doubled it and in addition to that they had the slowest job, private job growth since world war ii under this policy. and by the time the president sat down behind that famous desk the resolute in noble office within a week of sitting down our economists told us mr. president you're going to have to deal with a $1 trillion debt this year because there's nothing you can do about it. the budget was passed back october. and so ladies and gentlemen so much for their credibility on the debt, but what did it produce for us? it produced the great recession all these things they did in doubling national debt and these massive tax cuts that absolutely eviscerated the middle class. they say we urgently want to deal with it now. basically i think my opponent says something like, you know, i don't know, he said something about he was
the differences between himself and zeroing in on taxes. >> for instance, he is going to raise taxes. vice president blurted out the truth. they plan on raising taxes trillion. they have already raised them a trillion. that is increases on taxes on small business, among other things. that will mean less jobs. >> reporter: on the campaign trail in ohio, president obama appeared to have a lot of fire that he seemed to be lacking on tuesday night. and accusing romney at shocking dishonesty and even though the deputy campaign acknowledged that tax cut would not be nearly 5 trillion dollars, it's something that the president repeated in cleveland. >> we put two wars a two tax cuts on a credit card. we didn't pay for them. now, mr. romney wants another 5 trillion dollars in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake. >> reporter: governor romney answering in the ad wars, as well. a new ad featuring melanie mack that mara that voted for president obama back in 2008. this time around she says she is going to vote
people are you paying payroll taxes? that's a pretty good number. the unemployment comes from what we call the household survey, calling people up at home and saying do you have a job? are you working? are you unemployment and looking for a job or unemployed and not looking for a job. in that group it's a larger group because you have the self-employed. over the obama years, more and more people have left the labor force completely. especially older people between 50 and 56 that live off their savings and ira's before they should. some of those folks have returned in part-time work essentially in home-based businesses. about 110, 115,000 jobs are created in the establishment survey or the employer survey. but about 850 in the household survey, that would imply 700,000 or about 5% of american families have established a home-based business. it's completely implausible that that could happen. >> okay. so you say it's completely implausible and you are not the first economist to say this. and the only sample in terms of teeny fraction something like 55,000 people they call. is it possibl
to offer a little more about his tax plan. there's been questions about the tax cuts across the board. which deductions would he eliminate? he's been practicing with that question. they would be surprised, stunned, in fact, if the 47% comments did not come up during this debate. heeds been practicing on that, as well. and lastly, this is their words, he doesn't have to win a charm conte contest, a charm offensive on this stage. he does need to connect with americans and the problems felt by middle-class families. >> jake, one thing romney is likely to bring up tonight. a gaffe by vice president joe biden, where he said the middle class has been buried for the last four years. >> reporter: that's right. vice president biden tried to clean up those remarks later in the day, saying he was referring to the middle-class buried by tax policies put in by republicans. ones that romney and ryan want to go back to. but criticism of what's happened to the middle-class over the last four years is one that ryan and romney jumped on. >> matthew dowd, what is a win for each candidate tonight? >> mit
. >> i would like to see some details both from romney and obama mainly on tax policy. >> reporter: vice president biden charged today, team romney would hike middle class taxes. >> how they can justify raising taxes of the middle class that has been buried the last four years. >> reporter: the republicans jumped on that. buried by obama? in colorado, mitt romney took a break for a burrito bowl. >> how are you doing today? >> reporter: romney's number two, paul ryan, kept campaigning. >> the obama economic agenda failed not because it was stopped. it failed because it was passed. >> reporter: that's the kind of zinger sure to be heard tomorrow night. doug, andrew and chris say they hope to hear a lot of substance, too. a debate number one in their battleground state. >> reporter: so how critical will this first presidential debate be? today's nbc news "wall street journal" poll finds 38%, more than a third of voters say this debate and the ones to follow will be quite important or extremely important to their decision about who to vote for. live from denver, i'm steve handelsman, news 4.
attention with these comments, discussing the gop ticket's tax plan. >> how they can justify raising taxes on the middle class that's been buried the last four years. >> reporter: the romney campaign pounced on the word buried. campaigning in iowa, paul ryan fired back. >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> reporter: later, the vice president did some damage control, clarifying his remarks. >> the middle class was buried by the policies of romney and ryan supported. >> reporter: 24 hours before the start time of tonight's debate late tuesday, conservatives began circulating a 2007 speech by then candidate obama speaking to an african-american audience about victims of hurricane katrina. fox news host sean hannity prominently featured the video as a gotcha moment. >> it contains some of the most divisive class warfare and racially charged rhetoric ever used by barack obama. >> reporter: nbc, along with seve
's been running on this tax plan. now five months before the election he's saying his big, bold idea is never mind. >> mr. president obama, you're entitled to your own airplane and own house, but not the facts. >> i think it's safe to say the president got trounced. it was the ugliest night. >> the president is going to have to stand up and deliver. he still has a big lead in a couple of key states, but that lead will evaporate quickly. >> he has to step it up. before the debate, we had a new nbc news wall street marist poll. the president up eight points among likely voters in ohio but just two points in virginia and statistically tied in virginia. >> as the late great tim russert would say, it comes down to one state for the romney campaign -- ohio, ohio, ohio. >> now, afghanistan is always in our thoughts. but last week, there was a special incredibly disturbing milestone. the total number of u.s. military deaths in the war eclipsed the 2,000 mark. and tomorrow marks the 11th anniversary of the war in afghanistan. 11 years. >> wow. the greatest disappointment for us and certainly
, and a slightly cooler day. 71 for santa rows tax 70 degrees for mountain view, low to mid-60s in the city of san francisco. at some point, some scat may enter the picture -- some scattered showers may enter the picture. we get into monday night, maybe a few sprinkles over tahoe, occasions of the system off the coast, moving -- occasions of the system off the coast moving in. we are still from too to four -- two to four days out. looks like the best shot, temperatures not budging a lot. low to mid-70s in the forecast inland. low 70s at the coast. >>> just a few hours, the opening ceremony for oktoberfest will get underway. oakland mayor will help kick off the event which begins at 11:00 a.m. it's happening at the intersection of fruit vail avenue and mcarthur. >>> president obama heads back to california tomorrow morning. the list of hollywood celebs helping him raise money, plus a 49ers star who is expected to attend a big fund raising bash. >> the ripple effect of california's record high gas prices. lots of prepaid cards come pre-filled with problems. enough is enough. introducing the chase li
. and keep america strong. but mitt romney's budget plan will hurt the middle class. raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> 8:30 now on this tuesday morning. it's october 2nd, 2012. our crowd is enjoying a beautiful morning. a little b warm even for the second day of october. partly cloudy here in rockefeller plaza. hope it's sunny where you are. i'm savannah guthrie. david gregory here for matt and al roker and natalie morales. "consumer reports" the best of the best. >> spent $4 million buying all the appliances, coffee machines, rate chardonnay and coffee as well. >> had me at hello. >> it will be a good time. >> also ahead, talk about gaining confidence by getting a sense of your own style. stacy london is here. out with a new book. she says it's about more than fashion. about transforming your look and also how you feel a
-- or the next six weeks, and over and over again you're going to hear my opponents talk about how bigger tax cuts, fewer regulations, that's the way to go. and since government can't do everything it should do almost nothing. they're making -- if you can't afford health care, then hope you don't get sick. if you can't afford college, borrow money from your parents. you know what? that's not who we are. i don't think government can solve all our problems but government's not the source of all our problems, either. there's some things we've got to do together. we -- instead of going around blaming somebody, unions or immigrants or gays or somebody, for what's going on, what we need to do is pull together. we're all in this together. we believe that america only works when we all accept responsibility for ourselves, and for each other. that's how we- >> and mr. obama will be on the road through wednesday's first presidential debate. mitt romney heads to colorado tomorrow, where he'll hold a rally, and continue his preparations for wednesday's showdown in denver. he went to church this morning o
president obama thanks to the wind energy tax credit designed to help these businesses grow. >> mitt romney's message is to get rid of the wind production tax credit. well, that's big here because we've got t.p.i. and trinity both producing wind turbines and wind towers, and that's a critical factor for us to keep those plants moving past 2013. >> reporter: o. kay henderson says these single issue voters add up quickly in such a small state. >> if iowa does again come down to a few thousand votes, these sort of narrow cast issues can have a huge effect. and so that is why you see the obama campaign pushing this so hard, because the wind energy industry has about 7,000 or 8,000 workers in iowa. >> reporter: then there is the fight in plain sight-- the >> romney would jeopardize thousands of jobs and knock the wind out of iowa's economy. >> a prairie fire of debt is sweeping across the nation. >> reporter: the negative ads are on >> reporter: the negative ads on almost every channel, every night. >> i mean, it's almost-- the ads border on being vulgar. >> reporter: steve bump has run a firepl
was speaking about romney's economic plans when he said this -- >> how they can justify raising taxes on the middle-class that has been buried the last four years. >> reporter: republicans called it a stunning admission that the middle-class has been hurt by the obama administration's policies. congressman paul ryan pounced. >> of course the middle-class has been buried, buried by regulations, buried by taxes, buried by borrowing, they're being buried by the obama administration's economic failures. >> biden later tried to dig himself out. >> the middle class was buried by the policies of romney and the ryan supported. >> reporter: except for debate prep, a politics-free day for contenders. romney had lunch at chipotle. president obama paid a visit to the hoover dam. both have spent hours in debate sessions and both have challenges. aide say the president is working on keeping his answers short to not sound like professor obama. in order to win over undecided voters, romney needs to appear relatable and offer specifics on his agenda. >> he has to find something more than just discussi
enterprise. they are going to reap benefits from the tax base, that will increase. >> it is the organization taking a position that is an exception. one team member support same-sex marriage. another does not. both are making appeals regarding question 6 on the ballot. >> to support or discourage it. as long as everyone respects everyone's opinion. >> governor romney has an edge with sports teams owners, while players prefer president obama. and sports leagues spent a bundle lobbying congress on issues from on-line betting to internet privacy. in the studio, wbal-tv 11 news. >> we will see what happens when it comes to the november. that is all for us at 5:00. >> here is a look at 6:00. the first face-off between president obama and mitt romney, coming up. orioles fans out in force at tropicana field as they check out non-62. we will take a look at some of the more memorable moments from this unbelievable campaign. that is straight ahead. >> of baltimore city councilman on why the battle is not over between a business and neighbors. >> you are watching wbal-tv 11 news. live, local, late brea
calling the romney team out on some of these specifics whether it's on tax cuts or on medicare. i think one of the interesting dynamics to watch in the vice presidential debate is there's a difference between what paul ryan believes and what mitt romney believes and that is on these, on some of these important issues about taxes and health care and medicare. so that's an area where you can imagine vice president biden working to press ryan on the details and the inconsistencies between the two of them. >> really interesting point. thanks so much. >>> coming up in our next half hour, round 2009 the presidential debate and how body language is so important in determining the winner. >>> breaking news from rome. there's a verdict in the trial of pop benedict's former butler. paolo gabriele was convicted this morning of leaking the pope's private papers to a wrournlist. he's been sentenced to 18 months in prison. >> reporter: good morning. well the prosecution wanted three year sentence, the defense asked for an acquittal. the butler said he acted on behalf of the catholic church and the po
about romney's economic plans. >> how they can justify raising taxes on the middle class that has been buried the last four years. >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree! that means we need to stop digging by electing mitt romney as the next president of the united states. >>> biden later tried to dig himself out of the mess by explaining that the middle class had been buried by policies supported by the republicans. trying to, yeah, dig himself out of that line. >> joe's always -- he's never dull. love him or hate him, he's always saying something interesting. and headline-worthy, interesting. everyone talking about the video released last night as well. conservative website dug up a video of the president speaking to an audience back in 2007. saying a racially polarizing, racially divisive speech, referenced jeremiah wright, the federal government's response to katrina, new orleans, seven years ago. so that could play a role in the d debait tonight. it may not. it's been the election so far, interesting
taxes is a mistake. >> clearly in a campaign with hundreds if not thousands of speeches and question and answer sessions, now and then you're going to say something that doesn't come out right. i said something that was completely wrong. >> and friday, another october surprise. president obama getting a boost with the new unemployment rate report. the rate dipping below 8 persh for the first time since the president took office in 2009, which brings us to the next surprise. the obama campaign cash that was raised last month. september proved to be a lucrative month for the president's re-election campaign. democrats raised $181 million. that's a record. joining me live from washington, peter hamby. that's a whole lot of cash raised. very amazing. say many, and all in one month. how was it done? big donors, small donors, what? >> the campaign says 98% of this money came from people giving $250 or less. sptd was a very big month for democrats. polls show that the convention really brought home the democratic base and these numbers just reaffirm it. this is the biggest monthly total of
Search Results 0 to 29 of about 30 (some duplicates have been removed)

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